PART 2 , CRYPTO ...
efficient and FAST. for conducting transference $$$ from one bank or person or company to another across the street or across the world. Instantly, no waiting like in the past (ever been overseas in need of cash and you will understand the need and preference for speedy transfers).
Ok, some of this may be not perfect in the explanation..but might give you a start of understanding it. Anyone else is free to chime in, thanks.Think of it in terms of in the past we all used in the beginning pony express, and then graduated to a postal service etc.......and then communication graduated to the internet / email, right ? This new crypto is like a graduation from dollar paper money - going to a bank teller (already have gone through credit card money and online banking) now this crypto is even faster ! It is progress and it is also very secure with the blockchain system of verifications. Remember how they caught the election cheating through blockchain ? It capture
Also, problem with bitcoin is that currently, you can create bitcoin without verification, therefore, it is often used to launder money and lacks any official verification. Under the QFS, it will most likely be void, or lawful verification of the financial exchange will need to be provided for any exchange under the new system.
I'm confused - are you saying Bitcoin was upgraded or there is a new crypto that is better that will replace it?
